Technical Analysis: Bias Neutral to Slightly Bullish
- BTG/USD has paused three straight sessions of downside at 21-EMA support
- The pair is trading 2.4% higher on the day at 17.20 at 1145 GMT, bias higher
- Price has retraced dip below 200-DMA and we see weakness only on decisive break below
- RSI is holding above 50 levels and price action is above major EMAs
- GMMA indicator has shown a shift in near-term trend, short-term moving averages have edged above long-term moving averages.
- Price action hovers around 5-DMA at 17.22, break above targets 38.2% Fib at 17.61 and then trendline resistance at 19.35
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